Former EuroWorking Group President Thomas Wieser said the crisis in the summer of 2015 cost the Greek economy some 200 billion euros.

In an interview with Dutch newspaper De Volkskrant, Wieser said that the first six months of the Syriza government when Yannis Varoufakis was at the helm of the Finance Ministry, the cost of the crisis was “probably double” than estimates which were for 100 billion euros.

Wieser cited the economic recession, the lack of investors confidence, and the negative impact on the banking sector.

He also said that it was not only Varoufakis’ handling that caused the damage but the whole government was responsible for the toll.